Examining the ownership structure and the methods of financing of companies provide important insights for the understanding of the type of institutional reforms in a given socio-economic environment. Much of the literature on corporate accountability in developing economies extends the legal...

This paper investigates whether investors in an emerging economy setting value book value of equity, earnings and discretionary accruals differently for firms that have managed earnings relative to those who have not. Discretionary accruals are estimated using the conventional modified John's...

This study aims to investigate how firm, industry, macroeconomic and institutional factors influence a firm's debt maturity structure decisions across nine African countries. We consider a sample of 986 non-financial firms over a period of 10 years (1999-2008). We specify panel data models that...

This paper aims to examine the adjustment speed of debt maturity structure within the context of Africa countries. Dynamic adjustment models using system GMM proposed by Blundell and Bond (1998) were used to analyze data pertaining to 986 non-financial firms drawn from nine African countries. We...

This study examines antecedents of capital structure of firms in Johannesburg Securities Exchange (JSE). The difficulties in measuring attributes of interest are addressed in two fronts: conceptual and methodological. A broader conceptual framework is developed by introducing several new proxies...

The aim of this paper is to examine the role of institutional-, macroeconomic-, industry-, and firm-characteristics on the adjustment speed of corporate capital structure in the context of nine (9) African countries. We consider a sample of 986 firms over a period of 10 years (1999–2008)....

The study seeks to investigate the determinants of firm level earnings management (EM) within the context of 44 countries around the world. A sample of 29 430 non-financial companies over the period 1996-2012 were analysed using a series of models that link firm-, industry-, and country-specific...

Whether the conflict that was started on November 3, 2020, in Northern Ethiopia will be short-lived or a protracted one that turns itself into a stalemate, guerrilla warfare and draws the Greater Horn of Africa region into larger conflict is unclear. The spark of November 3, 2020, was a result...

A number of studies have examined why Diasporas invest in their homelands. The reasons include emotions, sense of duty, social networks, strength of Diaspora organizations and high returns. As of late Diaspora bonds have been found to be useful vehicles for channeling finance from developed...